Chimera Investment Corporation (CIM) : Artemis Investment Management Llp added new position in Chimera Investment Corporation during the most recent quarter end. The investment management firm now holds 1,565,024 shares of Chimera Investment Corporation which is valued at $25,775,945 , the company said in a statement filed on Jul 26, 2016 with the SEC.Chimera Investment Corporation makes up approximately 0.67% of Artemis Investment Management Llp’s portfolio.
Other Hedge Funds, Including , Daiwa Securities Group sold out all of its stake in CIM during the most recent quarter. The investment firm sold 30,060 shares of CIM which is valued $495,088. Sigma Planning Corp sold out all of its stake in CIM during the most recent quarter. The investment firm sold 129,025 shares of CIM which is valued $2,106,978.Capital Investment Advisors reduced its stake in CIM by selling 618 shares or 0.91% in the most recent quarter. The Hedge Fund company now holds 67,420 shares of CIM which is valued at $1,100,969. Chimera Investment Corporation makes up approx 0.10% of Capital Investment Advisors’s portfolio. First Quadrant L Pca added CIM to its portfolio by purchasing 53,600 company shares during the most recent quarter which is valued at $870,464. Chimera Investment Corporation makes up approx 0.02% of First Quadrant L Pca’s portfolio.Raymond James Trust N.a. boosted its stake in CIM in the latest quarter, The investment management firm added 453 additional shares and now holds a total of 18,011 shares of Chimera Investment Corporation which is valued at $285,294. Chimera Investment Corporation makes up approx 0.02% of Raymond James Trust N.a.’s portfolio.
Chimera Investment Corporation opened for trading at $16.7 and hit $16.79 on the upside on Friday, eventually ending the session at $16.78, with a gain of 0.48% or 0.08 points. The heightened volatility saw the trading volume jump to 17,18,975 shares. Company has a market cap of $3,150 M.
On the company’s financial health, Chimera Investment Corporation reported $0.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on May 2, 2016. Analyst had a consensus of $0.53.Analysts expectations of $ 130.08.
Many Wall Street Analysts have commented on Chimera Investment Corporation. Chimera Investment Corporation was Downgraded by Wells Fargo to ” Underperform” on May 4, 2016.
Chimera Investment Corporation is a specialty finance company. The Company through its subsidiaries invests in residential mortgage-backed securities (RMBS) residential mortgage loans commercial mortgage loans real estate-related securities and various other asset classes. The Company is externally managed by Fixed Income Discount Advisory Company.